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Mortgage, US Real Estate, Zillow

Less than 10% of U.S. homes remain underwater, Zillow says

By Mike Wheatley | June 1, 2018
Almost a decade after the last recession, we’ve passed another milestone in the housing market recovery. The percentage of homeowners who owe more on their mortgage than the value of their home, or those who’re “underwater
Mortgage, US Real Estate

The tide is turning as 'underwater' homes dry up

By Mike Wheatley | November 24, 2017
While most homeowners are enjoying seeing the value of their properties appreciate, there’s also good news for some of those who were previously underwater, or owing more on their mortgages than their homes are worth. New data from ATTOM Data Solutions’ third quarter 2017 Home Equity & Underwater report shows that there are now just […]
US Real Estate, Zillow

Negative equity continues to dog real estate markets

By Mike Wheatley | March 8, 2017
There are fewer homeowners underwater on their mortgages, but more than half of those who remain underwater owe at least 20 percent more than their homes are worth
Zillow

Zillow study shows homes in black neighborhoods are twice as likely to be underwater

By Mike Wheatley | January 12, 2017
A new study from Zillow has found that homeowners in predominantly black communities are almost twice as likely to be "underwater" on their mortgages
Featured News, US Real Estate

2 million U.S. homes threatened by rising sea levels

By Mike Wheatley | August 10, 2016
Nearly 2 million U.S. homes would be lost if the oceans rise by six feet as scientists expect by the year 2100, according to a new Zillow analysis. The endangered homes represent just under two percent of the national housing stock, and are worth a cumulative $882 billion.
Mortgage, Real Estate, US Real Estate

Zillow: 6 million U.S. homes still have negative equity

By Mike Wheatley | March 16, 2016
Fewer homeowners were underwater as the negative equity rate fell to 13.1 percent in the United States, according to the fourth quarter Zillow Negative Equity Report.
Featured News, Mortgage, US Real Estate

15 Percent of all Mortgaged Homes Still Underwater

By Mike Wheatley | November 4, 2014
Home appreciation has slowed drastically since last year’s rapid rise, and for some home owners, prices just haven’t risen enough. That leaves many seriously underwater, owing more on their mortgage than their home is currently worth.
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